You are here: Home > Beginner Courses

Daily Theta - Get Yours!



Beginner Courses

Introduction- What Are Options?

This chapter will introduce equity options and important informationregarding them. To begin, let's set a...

1.1- Option Basics

There are two types of equity options: call options and putoptions. Both types can be bought and sold by...

1.2- Basic Option Terminology

There are several basic definitions regarding option contracts thatmust be memorized. This lesson will...

1.3- Option Ticker Symbols

The Options Clearing Corporation has recently enacted an initiative tooverhaul the format for option ticker...

1.4- Option Styles

Option styles refer to the type of exercise that takes place. Thereare two types of styles that investors...

1.5- Option Expiration Cycle

Expiration dates for option contracts on a certain underlying stockfollow a predictable cycle. Every stock...

1.6- Option Prices (Premium)

The price of an option, also known as the premium, is made up of twofactors: Intrinsic Value...

1.7- Exercise & Assignment

As we have talked about, option contracts give the buyer the right to exercise the  contract at any...

1.8- LEAPS

Long-term equity anticipation securities (LEAPS) are optioncontracts with expiration dates of nine months...

Chapter 2- Introduction to Risk Graphs

Risk Graphs are charts that allow investors to analyze theoreticalpossibilities. This concept is very...

2.1- Stock Risk Graphs

It is important to compare the risk graphs of stock versus those ofoptions in order to comprehend the...

2.2- Long Option Risk Graphs

When investors purchase options, the risk graphs look much differentthan when purchasing stocks. The reason...

2.3- Short Option Risk Graphs

We have looked at the buying side of option contracts. Now let's look at the selling side. When an investor...

Chapter 3: Options in the Marketplace

Up until this point, we have covered option contracts and how theycan benefit investors who want to own...

3.1- Reading Option Chains

Option chains list the available option contracts that can be traded on an underlying stock. Not all stocks...

3.2- Option Exchanges

When an investor places a buy or sell order on an option contract,the order is routed to many different...

3.3- Order Types

When an investor places an order to buy or sell an option contractthere are different order types that can...

3.4- Market Makers

Market makers work in the options market to help create liquidity and keep bid/ask spreads from widening...